188 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Newer than most nearby homes

2,048 sqft (top 45%) · Built in 2017 (2 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 60.0 · 12-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

86.9 is composed by the two sections below.

Property Score

89.8Excellent
Living Area94
2,048 sqftExcellent
Year Built97
2017Excellent
Lot Size67
5,433 sqftGood
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$103K

Median household income

$120K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

13%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,048 sqft
0255075100
Same streetBottom 41%Same areaTop 45%CitywideTop 10%
Same street · Creekside Road
#77 / 130
Bottom 41% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#531 / 1,191
Top 45% · Avg 2,018 sqft
Citywide · Winnipeg
#18,896 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
604k
0255075100
Same streetBottom 29%Same areaBottom 42%CitywideTop 8%
Same street · Creekside Road
#92 / 130
Bottom 29% · Avg 722.6k
Same area · Bridgwater Lakes
#689 / 1,191
Bottom 42% · Avg 688.3k
Citywide · Winnipeg
#14,871 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 12%Same areaTop 23%CitywideTop 5%

Lot Size

around average
5,433 sqft
0255075100
Same streetBottom 46%Same areaBottom 37%CitywideTop 45%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

188 Creekside Road — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

Crime & Safety

Bridgwater Lakes · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Other

50%

Sales History

Sold 9/2024CA$600k–650k
Sold price

Same street

Top 49%

Same area

Top 29%

City-wide

Top 5%

Related homes

Highlights & common questions: 188 Creekside Road, Winnipeg

Property Overview: 188 Creekside Road, Bridgwater Lakes

Section 1: Key Characteristics & Appeal

This 2017-built, two-storey home in Bridgwater Lakes offers modern living on a generous 5,433 sqft lot with an attached garage. Its primary appeal lies in its balance of space, age, and value within a newer suburban community. With 2,048 sqft of living area, it provides ample room for a growing family or those who appreciate spacious layouts.

The home’s strength is its relative newness and above-average lot size for the area, suggesting a well-maintained property with established landscaping. It suits buyers looking for a move-in ready home in a developed neighbourhood, avoiding the uncertainties of brand-new construction. The recent sale in late 2024 indicates a current market valuation, offering a clear benchmark.

A thoughtful perspective: while the home ranks highly city-wide for its newness and size, its rankings within its immediate street and neighbourhood are more modest. This suggests it’s a solid, quality home that may offer better value relative to the premium-priced newest or largest homes on the block, appealing to pragmatic buyers who prioritize substance over standing out.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is described as "not renovated," meaning it is likely an unfinished space. This presents a blank canvas for future expansion or storage.

2. How does this property compare to others on the street?
The data shows a mix. It has a larger-than-average lot size for the street but is one of the older homes on Creekside Road, with most nearby properties built more recently (e.g., 2018). Its recent sale price was competitive, ranking in the top half of the street.

3. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg. It typically features family-friendly amenities, parks, and newer schools, appealing to those seeking a contemporary suburban lifestyle.

4. Why is the assessed value significantly lower than the sale price?
This is common. The municipal assessed value ( $60.40k ) is for tax purposes and is often much lower than the actual market value, which is reflected in the recent $640k sale price. The two figures serve different purposes.

5. What might be a less obvious consideration?
The property’s rankings indicate it is a strong performer in city-wide comparisons but more average within its own desirable neighbourhood. This could mean less upward pressure from immediate comparables but also suggests a stable investment in a sought-after area where the overall community lifts property values.